Showing 5563 Documents for "MAS"
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- Forms and Templates
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- After submission, FIs may view a record of their submission by logging into MAS-Tx .
- This Form should be accompanied by a scanned or pdf copy of the licensee's Declaration in Section 2 when submitting this Form electronically to the Monetary Authority of Singapore (the Authority).
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) has accepted the recommendations by the Committee on Efficient Distribution of Life Insurance (CEDLI) to enhance the sales advisory process, product disclosure, and the professional training requirements for intermediaries selling life insurance products.
- CEDLI was appointed by the MAS in March this year to propose changes to raise standards, transparency and efficiency in the distribution of life insurance products.
- MAS agrees. It is reviewing the requirements that apply to different intermediaries and financial products, to ensure that comparable standards of professionalism and advice prevail across the board.
- MAS
- Letters to Editor
Last revised date:
- The guide is available on the MAS "For the Consumer" portal under MoneySENSE - Consumer Guides and other Publications. Yours sincerely, Angelina Fernandez Director (Communications)
- Dear Sir, I refer to "Beware rush of structured deposits " (Business Times, 15 October 2004). 2 MAS has given banks until 1 June 2005 to comply with our recently issued Guidelines on Structured Deposits.
- Banks might need time to train the staff distributing these products. 3 Banks will also have to reclassify structured deposit products which fail to satisfy the characteristics of a deposit as clarified by MAS.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) today announced the issuance of subsidiary legislation under the Securities and Futures Act 2001, to implement the new risk-based capital requirements for holders of Capital Markets Services (CMS) Licences with effect from 1 October 2002.
- For other existing licence holders, namely investment advisers, futures trading advisers and futures pool operators, which will experience less significant changes, the grace period will be six months. 4 Please refer to the MAS website after 5pm today for the Regulations (458.9 KB) . ***
- This follows MAS' earlier announcement on 11 September 2002 on the implementation of the final phase of the Securities and Futures Act (SFA) on 1 October 2002. 2 The Securities And Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations 2002 (Regulations
- MAS
- Letters to Editor
Last revised date:
- MAS will continue to work with all stakeholders to ensure e-payments remain safe and secure. Dawn Chew Director (Corporate Communications) Monetary Authority of Singapore
- MAS, together with the Singapore Police Force and MoneySense, our national financial education programme, actively alerts consumers to new methods adopted by scammers and how consumers can protect themselves.
- MAS has commenced a review with the financial industry to establish a framework to provide greater clarity on the responsibilities and liabilities of financial institutions and consumers in the case of fraudulent payment transactions.
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1 Businesses accessing green and sustainability-linked financing generally face higher costs compared to conventional financing.
- There is currently no market failure or gap that requires MAS to support green deposits with grants, as it currently does for other sustainable and sustainability-linked solutions which face additional costs or other constraints. * * *
- QUESTION NO 1600 NOTICE PAPER 1003 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 28 February 2022 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS has plans to introduce grants that support banks in developing
- MAS
- Letters to Editor
Last revised date:
- The Monetary Authority of Singapore (MAS) requires insurers to have clear and prominent disclosures in insurance application forms.
- Jerome Lee Director (Corporate Communications) Monetary Authority of Singapore
- MAS will continue to work with industry to ensure that insurers’ application forms remain clear and easy to understand. We are stepping up on our financial education initiatives to highlight the importance of proper and accurate disclosures when purchasing insurance products.
- MAS
- Media Releases
Last revised date:
- Singapore, 2 April 2018… The Monetary Authority of Singapore (MAS) announced today that the monthly issuance size of the Singapore Savings Bond (SSB) programme will be increased from S$150 million to S$200 million from this month.
- MAS publishes daily SGS benchmark yields in the Statistics section of the SGS website. For this issue, the average return would be 2.39% per year if held till maturity (i.e. 10 years).
- More than S$500 million of SSB have been issued so far this year, and MAS will offer around S$2 billion of SSB in 2018. 2 The interest rates for the upcoming issue of SSB (SBMay18) can be found on the SSB website.
- MAS
- Media Releases
Last revised date:
- Singapore, 13 March 2018… The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force announced today that they will extend the Joint Investigations Arrangement to cover all offences under the Securities and Futures Act (SFA) and Financial Advisers
- The expansion in the scope of the Joint Investigations Arrangement will commence from 17 March 2018. 2 This arrangement will allow both agencies to consolidate their investigative resources and expertise and further improve the overall effectiveness of market misconduct investigations. 3 The CAD-MAS
- Several other cases are also before the courts, including persons involved in the alleged manipulation of shares in Blumont Group Ltd, Asiasons Capital Ltd and LionGold Corp Ltd. 1 Please refer to the MAS’ and CAD’s joint press statement on 17 March 2015 . 2 The three convictions secured under the joint
- MAS
- Media Releases
Last revised date:
- 22 May 2006...The Monetary Authority of Singapore (MAS) and the International Monetary Fund (IMF) will host a high-level seminar on Asian regional financial integration in Singapore on Thursday, May 25, 2006.
- Tharman Shanmugaratnam, Minister for Education and Deputy Chairman of MAS, who will co-chair the seminar with IMF Managing Director Mr Rodrigo de Rato, said: "MAS is happy to co-host the second high-level seminar on Asian regional financial integration, as a lead-up to the 2006 IMF and World Bank Annual